GYF

Due to the Covid-19 pandemic, there was a liquidity crisis at one point where people were selling their assets aggressively, causing the market crash. Also, due to many exchanges promoting new things in the market, crypto was overleveraged. In the long term, people will come to understand the market. If you look at the US stock market and bitcoin markets, crypto is not performing badly as compared to centralized governments that are injecting billions of cash into the economy. People have realized that with limited supply of assets, bitcoin is going to be highly important. While all the centralized banks are injecting money into the system, the fiat currencies you are holding will eventually become less and less valuable. In terms of monetary policy wise, it is the best time for bitcoin ever, the greatest invention through bitcoin is not just the technology, but also the awareness of the monetary policy that people need to think more about. It makes one wonder about how the modern economy and modern banks work and don't work. I think right now it is the most exciting time for bitcoin as people look for what is real.

India is a nation of youngsters, and we are probably one of the youngest Nations. Comparing the culture of Indian job hunting to that of present-day Japan, many new university graduates are in search of a job at various companies and try to create a stable life. In contrast, young Indians prefer to become entrepreneurs. They prefer to make a living by themselves and are more willing to take risks and take a chance of creating a business of their own, even if it is a small company. The Japanese perspective of becoming stable by finding a job at a company was the scenario in which I grew up back in the day.

In Switzerland, the government was always open-minded. In 2018, president Johann Schneider-Amman publicly stated that Switzerland should be a crypto nation. Governments are big bodies that take time for things to get done, but it moves here and that is a good thing.When I joined, Prof. Dr. Georges Grivas was the one who initiated the first course within Switzerland. He has a great recognition of technologies that are becoming popular and relevant for the future. He decided to implement it rather early, and therefore was the first one. It was one of my major decision to join this university even though I had the opportunity to join many others. However,The Lucerne University of Applied Sciences and Arts was the first to implement blockchain and Crypto courses and is the longest-running university with such programs.

There are two sides to the crypto industry in Bulgaria. On one side when I came back to Bulgaria from Japan, I was positively surprised by the vibrant crypto culture existing in Bulgaria. I was also very happy to learn that quite many substantial and very important blockchain projects were started by Bulgarian entrepreneurs, and some of them were even developed in Bulgaria. Projects such as Aeternity which at one point was one of the top 30 projects. It did not have as much support as Ethereum of course, but it was a great project. It helped grow the blockchain ecosystem in Bulgaria, including delivering capital, facilitate crypto meetups, and building protocol infrastructure.

It is interesting because I don't watch many cryptocurrency youtube videos. It may sound kind of funny because I do it myself, but I don't watch them partially for the reason that I don't want to get influenced by other people's contents, I want my ideas to be fresh and kind of coming from me. There are a lot of guys that I do respect and that makes fantastic content like Crypto Zombie, Carl from The Moon, Nugget’s News. These all are great channels with fantastic information. They all have their unique way of presenting information and news while encouraging their communities.

On May 11th, for the third time in Bitcoin’s history, the amount of new coins issued per block was cut in half. This event, known as the halving, occurs every 210,000 blocks, or approximately four years, until issuance is eventually rounded down to zero.In the most recent halving, the block reward was reduced from 12.5 to 6.25 BTC. The period leading up to the halving was marked by pronounced market volatility, which has somewhat subsided since the reduction occurred. The impacts of the event on the network’s security are nuanced.